New directors for TAL board
Two new directors have been added to the board of major insurer TAL.
The company's chairman, Rob Thomas, announced the appointment of former insurance industry executive Duncan Boyle and a long-standing group senior executive from within TAL's Japanese parent, Dai-ichi Life, Norimitsu Kawahara.
The company's announcement said Dai-ichi Life senior executive Tatsusaburo Yamamoto had stepped down as a director to take up a new role in Tokyo within the Dai-ichi Life group.
"I welcome both Mr Boyle and Mr Kawahara to the board of Australia's largest life insurance company, and would like to thank Mr Yamamoto for his valuable service since 2012," Thomas said.
Boyle comes to the TAL board having served as the chief executive of the UK operations of Royal and Sun Alliance Insurance (RSA) from 2002 to 2006 following over 30 years experience in the insurance industry in Australia, New Zealand and the UK.
He has been an independent non-executive director of QBE since 2006 and is a director of Clayton Utz lawyers and Stockland Trust Group.
Mr Kawahara has worked for over 28 years in the Dai-ichi Life group, one of the world's largest life insurance and wealth management businesses with operations and interests on all continents.
He is currently responsible for Dai-ichi Life's business in the Asia Pacific region as the managing director of Dai-ichi Life International (Asia Pacific), and has been deputy CEO and CFO of the Star Union Dai-ichi Life Insurance Company in India before.
Recommended for you
New York-based firm CC Capital has bumped up its offer to stay ahead of rival bidder Bain Capital.
In a tight race against Morgans, AMP Financial Planning has won back its position as the largest individual licensee in Australia, according to Wealth Data.
Learning to delegate authority and relinquish a hands-on approach is a critical step towards building a self-sustaining financial advice practice, says Assured Support.
Private wealth management company Stellan Capital has appointed a new chief executive, who brings over three decades of experience in the global financial services industry.
